Russia Is the Biggest Loser in G-20 Stock Markets

July 7, 2017498 Views

When it comes to stock market performance this year, there’s no uniting the U.S. and Russia.

The S&P 500 and the Micex began the year at almost the same level, but equities in the former Soviet nation have tumbled amid losses in crude and evaporating optimism over the lifting of sanctions under U.S. President Donald Trump. As the leaders of the G-20 meet on Friday, equities in almost every other market in the group have risen, with the S&P 500 up about 8 percent in 2017. The Micex has lost almost 15 percent.